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Ben Franklin Technology Partners of Southeastern Pennsylvania announced Thursday it had completed a first close of its Global Opportunity Pennsylvania Fund (the GO PA fund), expected to reach $100 mil...
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A consortium completed its acquisition of Cranberry Township-based Westinghouse Electric Co. on Tuesday.
The consortium is comprised of Brookfield Asset Management, its publicly listed affiliate Br...
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New York-based CHA Consulting, a full-service engineering, design, consulting, and program/construction management firm, recently purchased Philadelphia area-based Predictive Maintenance Solutions (Pd...
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Janney Montgomery Scott, a Philadelphia-based asset management firm, is acquiring investment bank TM Capital.
TM Capital is a premier middle market investment bank specializing in mergers and acqui...
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Pittsburgh-based Civil & Environmental Consultants (CEC) recently purchased Arizona-based Engineering and Environmental Consultants (EEC), a civil engineering and environmental services firm.
The ...
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A&G Real Estate Partners, the real estate adviser to Rite Aid Corp., plans to sell a tranche of 92 neighborhood pharmacy leases, including 17 in Pennsylvania, as part of Rite Aid's financial restructu...
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Honeywell Aerospace recently selected Triumph Group’s Systems, Electronics and Controls business to provide engine-mounted Electronic Control Unit (ECU) for future Auxiliary Power Unit (APU) models ...
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Pittsburgh-based Aurora Innovation recently opened lanes for driverless trucks in Dallas and Houston.
The lanes are supported by commercial-ready terminals that service driverless trucks at a com...
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Canonsburg-based CNX Resources Corp., a major natural gas producer, and the Gov. Josh Shapiro administration recently committed to increase the company’s operational disclosures with state environme...
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Allegheny College recently expanded the Allegheny Lab for Innovation and Creativity (ALIC) to add work force development and education resources.
The expansion is in partnership with the regional ...
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Philadelphia-based Republic First Bancorp and the Norcross Braca Group recently signed a securities purchase agreement to effectuate the group’s $35 million investment.
Under the agreement, the ...
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Pittsburgh-based United States Steel Corp. (U. S. Steel) recently converted two of the company’s diesel switcher locomotives to battery-operated locomotives at the Mon Valley Works’ Edgar Thomson ...
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Wabtec, a freight and transit rail equipment, systems, digital solutions and services provider, and its launch customer, Roy Hill, a Western Australia iron ore operation, recently debuted the FLXdrive...
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Cranberry Township-based Westinghouse Electric Co. and its construction partner Bechtel recently submitted a proposal to supply the Czech Republic with up to four Westinghouse AP1000 reactors.
The ...
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Lehigh Valley-based Air Products, an industrial gas company, recently signed a contract to provide the PETRONAS LNG Complex in Malaysia with its advanced main cryogenic heat exchanger (MCHE) technolog...
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Pittsburgh-based steel producer United States Steel Corp. (U. S. Steel) contributed $3.6 billion to the local and state economy and supported or sustained 11,417 jobs during fiscal year 2022, accordin...
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Citizens Financial Group, Inc. provided a $200,000 to the Pittsburgh Film Office to foster the growth and expansion of the film industry in Southwestern Pennsylvania.
The grant, allocated directly...
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Radnor-based Triumph Group, a company serving the global aviation industry, and Honeywell Aerospace, a technology and manufacturing company, recently signed a long-term agreement across multiple Honey...
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The board of directors of Kennametal, a materials science, tooling and wear-resistant solutions company, recently voted to unanimously appoint William M. Lambert as chairman of the board, effective on...
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Philadelphia-based 1315 Capital, a private investment firm, recently closed on two funds.
The first fund closes 1315 Capital III (Fund III) and exceeded the firm’s target of $350 million.
The ...
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